State Farm and USAA to Test Blockchain Technology to Automate Insurance Claims

2019-5-31 15:57

As per an all new PR statement released by State Farm earlier today, the insurance giant along with military-affiliated bank United Services Automobile Association (USAA) is currently in the process of testing out a blockchain-based subrogation platform that will help both companies process their insurance claims in an automated, hassle-free manner. From a technical perspective, […]

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Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies

The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses.

2018-12-3 19:48


Блокчейн-гигант Tencent отчитался о высоких доходах в третьем квартале 2018

Доходы Tencent Holdings Limited (TCEHY) в третьем квартале 2018 года превзошли даже весьма смелые ожидания. В руках TCEHY находится 20 связанных с технологией блокчейн патентов, что эквивалентно соответствующему количеству блокчейн-патентов у Accenture, Bitmain, State Grid Corporation of China, Google, Intel, Ping An Insurance, Sony и Visa.

2018-11-19 10:40


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California Passes Bill Defining Blockchain and Crypto Terms

A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign […] The post California Passes Bill Defining Blockchain and Crypto Terms appeared first on Bitcoin News.

2018-9-3 14:05


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Korean Blockchain Association Gives 12 Local Cryptocurrency Exchanges Clean Bill of Health, Insurance on the Horizon

In a bid to improve the security level and general standards of cryptocurrency exchanges in South Korea, after a series of hacks and heists rattled the local cryptospace, the Korean Blockchain Association (KBA) formulated a set of stringent guidelines that would govern exchanges and crypto-related projects in the state.

2018-7-17 20:00


Florida Could Now Have a Cryptocurrency Chief for Regulatory Oversight

Chief Financial Officer (CFO) of Florida, Jimmy Patronis, announced the creation of a new position in the state called cryptocurrency chief on Tuesday, June 26. The new designee will help develop a regulatory framework in the state for cryptocurrencies and look into the current insurance and securities laws and their application on digital currencies and Initial […] Florida Could Now Have a Cryptocurrency Chief for Regulatory Oversight was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-6-27 22:58


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Sheila Bair, former chairperson of the Federal Deposit Insurance Corporation, is open to new rules for digital currency

Sheila Bair, a former chairperson of the Federal Deposit Insurance Corporation (FDIC), believes the U.S. should create a wholly new regulatory framework for cryptocurrencies. She went on to explain: “We are trying to jam crypto trading into state money transmission laws, it just doesn’t work. I think at some point, we will need a federal

2018-6-22 02:29


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StarkWare Proposes to Deploy Aave on its ZK-Rollup L2 StarkNet

A new proposal has been submitted to Aave’s governance forum that calls for deploying the DeFi lending protocol to StarkNet, StarkWare’s permissionless and decentralized ZK-Rollup. Yael Doweck, product manager at StarkWare, submitted the proposal to onboard the protocol on behalf of StarkNet creator, much like MakerDAO has on its L2.

Brazil’s Stock Exchange Planning to Offer Crypto Services Next Year

B3, Brazil’s stock exchange, is the latest institution planning to join the cryptocurrency scene next year. The San Pablo-based exchange is exploring digital asset custody and crypto-as-a-service (CaaS) segments, reported InfoMoney, citing a presentation from B3 President Gilson Finkelsztain made last week.